Search results for: CFD

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15 February 2019 Authorities, Contracts & Tenders

The third Contracts for Difference (CfD) allocation round in the UK will commence on 29 May, the Department for Business, Energy & Industrial Strategy (BEIS), said. BEIS earlier issued a GBP 60 million draft budget proposal for the third CfD round. A final budget notice will be issued no later than ten working days before the commencement of […]

11 February 2019 Authorities, Business & Finance

Scottish Enterprise is holding an event for the local offshore wind supply chain regarding the Contracts for Difference (CfD) scheme. The event will focus on lessons learned in previous CfD auctions, the opportunities expected in the forthcoming round and how the industry will evolve for future rounds. The speakers will present competition, innovation and skills to […]

25 December 2018 Authorities, Contracts & Tenders, Wind Farm Update

The 448MW Neart Na Gaoithe offshore wind project has passed its 12-month Contracts for Difference (CfD) milestone, Low Carbon Contracts Company (LCCC) said.

23 November 2018 Business & Finance, Contracts & Tenders

SSE has welcomed the UK Government’s Contracts for Difference (CfD) budget announcement, however, the company added that setting out strike prices approaching subsidy-free levels was ambitious and that the capacity cap was disappointing. 

21 November 2018 Business & Finance, Contracts & Tenders, Wind Farm Update

The 1.5GW Seagreen Phase 1 offshore wind project is entering into May 2019’s Contracts for Difference (CfD) auctions, SSE plc, the owner and developer of the project in Scotland, said. 

21 November 2018 Authorities, Business & Finance

The UK Department for Business, Energy and Industrial Strategy (BEIS) has issued a draft budget notice amounting to GBP 60 million for the third Contracts for Difference (CfD) round.

6 November 2018 Authorities, Business & Finance, Contracts & Tenders

The UK government plans to publish its final policy decisions on changes to the Contracts for Difference(CfD) scheme for the third allocation round this month.

23 July 2018 Authorities, Business & Finance, Contracts & Tenders, Jobs & Recruitment

The UK government plans to set out the parameters of the next year’s Contracts for Difference auction later this year, Energy and Clean Growth Minister Claire Perry said.

23 July 2018

RenewableUK has welcomed the announcement by the UK government on new Contracts for Difference (CfD) auctions for offshore wind, emphasizing that it means the UK’s offshore wind capacity is set to nearly double over the next decade.

21 June 2018 Contracts & Tenders, Wind Farm Update

Seagreen Wind Energy Limited is preparing to bid in the next UK Contracts for Difference (CfD) auction for the Seagreen Alpha and Seagreen Bravo wind farms, which is scheduled for Spring 2019.

16 May 2018 Authorities, Business & Finance, Contracts & Tenders

The 2017 Contracts for Difference (CfD) will cost UK consumers significantly more relative to the additional capacity secured due to the changes in the auction design which allowed small fuelled-technology projects to raise the strike price of larger projects, National Audit Office (NAO) has found.

12 October 2017 Business & Finance, Wind Farm Update

The 402MW Dudgeon offshore wind farm entered full operation in October and has started receiving difference payments on generated electricity. 

11 October 2017

The next UK Contracts for Difference (CfD) auction is planned for spring 2019, the UK Government informed today, along with the announcement that up to GBP 557 million will be made available for renewable energy projects as part of the Clean Growth Strategy. 

12 September 2017 Contracts & Tenders

WindEurope has called on the UK and other European governments to provide more clarity to the offshore wind industry after 2020 by committing to ambitious offshore wind deployment targets. The association’s call came yesterday, 11 September, following the results of the UK Contracts for Difference (CfD) auction.

12 September 2017 Authorities

Scotland’s Moray Council has welcomed the awarding of the Contract for Difference to the 950MW Moray Offshore Windfarm (East) project, adding that Buckie harbour is ideally placed to support the construction of the project.

11 September 2017 Authorities, Business & Finance, Wind Farm Update

Statkraft and innogy, the developers of the 860MW Triton Knoll wind farm off Lincolnshire, England, plan to take the Final Investment Decision (FID) on the project by mid-2018.

8 September 2017 Authorities, Business & Finance

RenewableUK is predicting a significant fall in the cost of offshore wind when the results of long-awaited competitive auctions for new contracts to provide clean electricity are unveiled next week.

10 August 2017 Authorities, Business & Finance, Wind Farm Update

DONG Energy plans to submit a bid in the UK Contract for Difference (CfD) auction for the Hornsea Project Two offshore wind farm  on 14 August, Henrik Poulsen, the Danish company’s CEO and President, said.

21 March 2017 Authorities, Business & Finance, Wind Farm Update

An arbitration tribunal has ruled in favour of Mainstream Renewable Power in relation to the dispute over the Low Carbon Contracts Company (LCCC) terminating the Contract for Difference (CfD) for Mainstream’s 450MW Neart na Gaoithe wind farm off Scotland.

14 March 2017 Authorities

The UK Government is set to open the second Contracts for Difference (CfD) Allocation Round on 3 April, when it will make a total of GBP 290 million available for renewable energy projects, including offshore wind.

14 February 2017 Authorities, Business & Finance

The UK government has set a cap of 1.5GW for phased offshore wind projects in the allocation of Contracts for Difference (CfDs), starting from the allocation round due to begin on 3 April.

10 November 2016 Authorities, Business & Finance, Wind Farm Update

The developers of the 900MW Triton Knoll offshore wind farm have welcomed the UK government’s confirmation that the next Contracts for Difference (CfD) auction will open in April 2017, adding that the project is well prepared to submit a bid into the next auction and is in an excellent position to compete for a share of […]

9 November 2016 Authorities, Business & Finance

The UK government’s announcement of the next round of competitive auctions to support offshore wind will provide a massive boost for British industry, RenewableUK said. The next round of Contracts for Difference (CfD) auction, announced on Wednesday, 9 November, will allow for companies to compete for the first GBP 290 million worth of contracts for renewable […]

9 November 2016 Authorities, Business & Finance

The UK Government set out further details for the next Contracts for Difference (CfD) auction today, which will allow for companies to compete for the first GBP 290 million worth of contracts for renewable electricity projects starting to generate from 2021/22 or 2022/23, including offshore wind. In the March 2016 Budget, the Government announced GBP […]

7 September 2016 Authorities, Business & Finance

The UK Department for Business, Energy & Industrial Strategy (BEIS) yesterday informed it intends to make the proposed amendment to the Contracts for Difference (CfD) Allocation Regulations set in 2014 to extend the delivery years for projects to 31 March 2026. Under the current regulations, allocation rounds and their associated budgets can only be made available for projects commissioning by 31 […]

5 July 2016 Authorities

The UK Department of Energy and Climate Change (DECC) has proposed amending the Contracts for Difference (CfD) Allocation Regulations set in 2014 to extend the delivery years for projects to 31 March 2026. Under the current regulations, allocation rounds and their associated budgets can only be made available for projects commissioning by 31 March 2020. By amending the […]